Car Offers 2026: The Ultimate Guide to January Discounts (Save Up to ₹3 Lakh!)
Welcome to 2026! While the New Year brings fresh resolutions, for the automotive world, it brings something even better: Stock Clearance Sales. January is historically the “Golden Month” for smart car buyers. Dealerships are rushing to clear out their inventory manufactured in 2025 (MY2025) to make room for fresh 2026 stock.
The result? Discounts that seem almost too good to be true. From cash slashes on popular SUVs to massive exchange bonuses on sedans, this month offers a rare window to buy your dream car at a rock-bottom price.
At MotorCarVerse, we have curated the ultimate list of car offers for January 2026. Whether you are looking for a rugged SUV or a city commuter, here is how much you can save.
Also Read:
- New Year Car Offers 2026 on Toyota Cars: Discounts on Glanza, Hyryder, Fortuner & Hilux
- New Year Car Offers 2026 on Tata Cars: Save up to ₹1.35 Lakh on Safari
- Upcoming Discount Offers On Maruti Cars In January 2026: Complete List
- BYD Car Offers 2026 January: Save up to ₹2.5 Lakh on Atto 3, Seal & eMAX 7
- Hyundai Car Offers 2026 January: Save up to ₹2 Lakhs on Verna, Tucson & Grand i10 Nios
Summary Table: Top Car Discounts January 2026
| Brand | Car Model | Max Benefits (Up To) | Key Offer Highlight |
| Skoda | Kushaq (Pre-Facelift) | ₹ 3.25 Lakh | Huge clearance sale before facelift launch. |
| Volkswagen | Taigun / Virtus | ₹ 3.00 Lakh | Best offer on 1.5L GT variants. |
| Jeep | Meridian | ₹ 2.00 Lakh | Massive cash benefits on 7-seater SUV. |
| Maruti | Jimny | ₹ 2.00 Lakh | Discounts on Thunder/Alpha variants. |
| Hyundai | Tucson (MY25) | ₹ 2.00 Lakh | Premium SUV stock clearance. |
| Honda | Elevate | ₹ 1.76 Lakh | Highest discount in mid-size SUV segment. |
| Mahindra | XUV400 EV | ₹ 1.50 Lakh | Flat cash discount on EV. |
| Mahindra | XUV700 (Pre-Facelift) | ₹ 1.50 Lakh | Clearance before “7XO” launch. |
| Skoda | Slavia | ₹ 1.50 Lakh | Great deal on sedan segment. |
| Honda | City | ₹ 1.37 Lakh | massive benefits on ZX and Hybrid trims. |
| Tata | Harrier / Safari | ₹ 1.25 Lakh | Exchange bonus heavy offers. |
| Jeep | Compass | ₹ 1.20 Lakh | Dealer-level negotiations possible. |
| Honda | Amaze (2nd Gen) | ₹ 87,000 | Clearance of old generation stock. |
| Hyundai | Exter | ₹ 80,000 | To counter Tata Punch Facelift. |
| Tata | Tiago EV | ₹ 75,000 | Best time to buy an entry-level EV. |
| Maruti | Grand Vitara | ₹ 75,000 | Benefits on Strong Hybrid variants. |
| Tata | Nexon | ₹ 60,000 | Discounts on petrol/diesel models. |
| Tata | Punch (Pre-Facelift) | ₹ 50,000 | Clearance before Jan 13 launch. |
| Maruti | Swift | ₹ 45,000 | Exchange and corporate benefits. |
1. Honda Cars India: The Discount Kings of Jan ’26
Honda is leading the charge this month with some of the most aggressive offers we have seen in years. With the new Amaze (3rd Gen) arriving and the Elevate fighting hard in the mid-size segment, Honda is leaving no stone unturned.
- Honda Elevate: The “No-Nonsense” SUV is available with benefits up to ₹1.76 Lakh. This includes a massive cash discount on the top-spec ZX variant (MY25 stock), exchange bonuses, and free accessories.
- Honda City: The legendary sedan is offering savings up to ₹1.37 Lakh. If you opt for the Hybrid (e:HEV) version, you could see benefits even higher, making it a steal for high-mileage users.
- Honda Amaze: With the new generation just around the corner, the outgoing 2nd Gen Amaze (MY25) is selling with discounts up to ₹87,000. If you want a reliable CVT automatic on a budget, this is the deal to grab.
2. Skoda & Volkswagen: The “German” Clearance Sale
If you love European build quality, stop reading and head to a showroom. The Volkswagen Group is clearing house before the launch of their major 2026 updates (like the Kushaq Facelift).
- Skoda Kushaq: With the facelift launching in late January, the pre-facelift Kushaq is available with discounts ranging from ₹2.5 Lakh to ₹3.25 Lakh! This is likely the best value-for-money deal in the market right now for a 5-star safety-rated SUV.
- Volkswagen Taigun & Virtus: Similar to their Skoda cousins, these VW twins are carrying benefits up to ₹3 Lakh, especially on the 1.5L TSI GT variants.
- Skoda Slavia: Expect benefits up to ₹1.5 Lakh, making this performance sedan cheaper than many sub-4 meter SUVs.
3. Tata Motors: “New Forever” Comes with Big Savings
Tata Motors had a blockbuster 2025, and they are starting 2026 with a bang. They are offering benefits across their entire ICE and EV portfolio.
- Tata Harrier & Safari: With the competition heating up, Tata is offering benefits up to ₹1.25 Lakh on MY2025 stock of the Harrier and Safari. This includes a hefty exchange bonus for upgrading from smaller cars.
- Tata Nexon: The nation’s favorite SUV gets discounts between ₹50,000 and ₹60,000 on select petrol and diesel variants.
- Tata Punch: Before the facelift arrives mid-month (Jan 13), the pre-facelift Punch is seeing discounts up to ₹50,000.
- Tata Tiago/Tigor EV: If you want to go electric, the Tiago EV is offering benefits up to ₹75,000, making it one of the most affordable EVs to own.
4. Mahindra: The Calm Before the Storm
Mahindra is usually conservative with discounts, but with the XUV 7XO (XUV700 Facelift) launching on January 5th, the stock of the outgoing model is being cleared.
- Mahindra XUV700 (Pre-Facelift): You can find discounts ranging from ₹80,000 to ₹1.50 Lakh on the outgoing XUV700. If you don’t care about the minor cosmetic tweaks of the new “7XO,” the original XUV700 is a fantastic bargain.
- Mahindra XUV400 EL Pro: To fight the Nexon EV, Mahindra is offering flat cash discounts up to ₹1.5 Lakh on their electric SUV.
- Mahindra Thar: While the 4WD models have no offers, the Thar RWD might see dealer-level insurance benefits up to ₹25,000 to push sales.
5. Maruti Suzuki: Savings for Everyone
Maruti Suzuki is focusing on pushing its hatchback and crossover sales.
- Maruti Suzuki Swift: The new Swift is offering benefits up to ₹45,000 (Cash + Exchange).
- Maruti Grand Vitara: The hybrid variants are seeing offers up to ₹75,000, making the technology more accessible.
- Maruti Jimny: The lifestyle off-roader continues to sell with massive discounts. Depending on the dealer stock, you could negotiate up to ₹2 Lakh off on the Thunder Edition or Alpha variants.
- Ignis & Baleno: Nexa dealers are offering benefits between ₹40,000 to ₹65,000 on these hatchbacks.
6. Hyundai India: Attacking the Micro-SUV Space
Hyundai is aggressive with the Exter to counter the Tata Punch facelift.
- Hyundai Exter: Benefits up to ₹80,000 are available on select variants. This is a direct response to the incoming Punch Facelift.
- Hyundai Tucson: The premium SUV has unsold MY2025 units attracting discounts of nearly ₹2 Lakh.
- Hyundai Grand i10 Nios: The perfect city car is available with benefits worth ₹48,000 (including CNG trims).
7. Jeep India: Premium Savings
Jeep is known for its rugged build, but its pricing is often a hurdle. In January 2026, they are softening the blow.
- Jeep Compass: You can avail of benefits up to ₹80,000 officially, but dealer-level negotiations on MY25 stock can take this figure well over ₹1.20 Lakh.
- Jeep Meridian: The 7-seater SUV has benefits up to ₹2 Lakh as it fights the Skoda Kodiaq and Toyota Fortuner.
Expert Buying Advice: MY2025 vs. MY2026
The biggest question in January is: Should I buy a 2025 manufactured car or wait for a 2026 one?
Buy the MY2025 Model If:
- You Keep Cars for 5+ Years: The difference in resale value between a 2025 and 2026 model becomes negligible after 5 years. The upfront discount you get today (e.g., ₹2 Lakh on a Kushaq) is “real money” in your pocket.
- You Want a Higher Variant: The discount might allow you to upgrade from a Mid-spec to a Top-spec variant for the same budget.
Wait for MY2026 Stock If:
- You Change Cars Often: If you sell every 2-3 years, the “manufacturing year” on your RC card matters significantly for resale value.
- You Want the Latest Tech: Facelifts (like the Punch or XUV 7XO) bring new features that the old stock won’t have.
Conclusion
January 2026 is shaping up to be a buyer’s market. With brands like Honda, Skoda, and Volkswagen offering discounts that cover your insurance and registration costs (and then some), there has never been a better time to sign on the dotted line.
Remember, these offers are mostly on stock availability. Once the MY2025 inventory is gone, these discounts will vanish. So, head to your nearest dealership, negotiate hard, and drive home a bargain!
Disclaimer: The offers mentioned above are tentative and may vary depending on the city, dealership, and stock availability. “MY2025” refers to cars manufactured in the year 2025. Please contact your nearest authorized dealer for exact figures.
